Millie ordered clothes from a mail order catalog. No time was specified as to when the goods would be shipped. In such a case the FTC requires that the company must ship the goods to Millie
A)within 3 business days after receiving the order
B)within 10 business days after receiving the order.
C)within 30 days after receipt of the order.
D)within a reasonable time and within time lines consistent with industry standards.
C
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In a lease, the lessee obtains the right to possess and use the goods for a period of time in return for consideration, but title does not pass
a. True b. False Indicate whether the statement is true or false
An increase in flotation costs will most likely result in which of the following?
A) larger dividend payments so shareholders are able to earn their required returns B) no change in dividend policies because flotation costs are paid by purchasers of common stock C) larger dividend payments to offset higher taxes paid by investors D) smaller dividend payments so that less external equity financing is needed
Which of the following characteristics is often attributed to entrepreneurs?
a. insensitivity b. egotism c. humility d. rigidity
A firm that properly manages cultural diversity can develop cost advantages over firms that do not manage diversity well.
Answer the following statement true (T) or false (F)